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Agricultural Business and Policy Extension

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2021 Crop and Livestock Budgets

Managing costs and income are essential to keep Missouri farms profitable. Enterprise budgets can help your farm make more informed decisions.

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Short-Term Operating Plan

Prepare your farm or ranch to continue operating in the situation that a primary decision maker is temporarily unavailable.

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Custom rates

Obtain a better understanding of the cost of producing crops or performing individual field activities by accessing the 2019 Custom Rates Guide.

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Increase productivity

Research-based publications from ag specialists will help you make better decisions for greater yields.

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The Agricultural Business and Policy Extension program serves rural Missouri by helping farms, agribusinesses and communities understand their opportunities and challenges and to make informed decisions. The team is primarily focused on:

  • Helping farmers and agribusinesses with decision-making, financial management, taxes and risk mitigation;
  • Studying relevant industry and value-added agricultural issues;
  • Sharing how market fundamentals and trade policy may impact agricultural outlook;
  • Assessing diversification and new business opportunities for farms, businesses and commodity groups.

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Publications

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Missouri’s Fencing and Boundary Laws: Frequently Asked Questions

Publication date: April 1, 2021

Missouri has two fence laws: the general fence law (updated Aug. 28, 2001) and the local option fence law. In addition, Missouri law addresses special situations of property bordering a road, a railroad or a body of water. Landowners need to be aware ...

Weather-Related Sales of Livestock

Publication date: April 1, 2021

Weather variability is one of the largest sources of risk in agricultural production. Livestock producers forced to sell animals because of weather-related conditions (such as flood, drought or other conditions that cause a shortage of water or feed) ...

Taxation of Crop Insurance and Disaster Payments

Publication date: March 1, 2021

Figure 1. A weather event such as a drought can impact crop production, farm income and taxation situations.Weather variability is one of the largest sources of risk in agricultural production (see Figure 1). Congress has recognized the impact of ...

Missouri Fencing and Boundary Laws

Publication date: Feb. 1, 2021

Figure 1. It is important for landowners to understand fence and boundary law to avoid conflict with neighbors and legal issues.Fencing duties and boundary locations have been the subject of arguments between neighbors for centuries. This publication ...

Selecting an Appropriate Pricing Strategy

Publication date: Feb. 1, 2021

Consumers and competitors easily can access pricing information for goods sold at retail and use this information for various purposes. One example is that a product’s price can signal its perceived quality. Consumers may view a high-priced product ...

An Introduction to Basis

Publication date: Feb. 2, 2021

Commodity basis provides a significant amount of information to agricultural producers and agribusinesses for making production, forward pricing, hedging and storage decisions. Basis tends to follow historical and seasonal patterns, and by ...

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